BP announces record annual profits of £23bn

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BP announces record annual profits of £23bn
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Windfall tax debate rages as BP joins Shell in achieving record annual profits

They argue energy firms' earnings have been gained at the expense of wider society because wholesale prices have caused decades-high inflation and left households and businesses nursing record bills on many fronts.

Despite that hit, energy company dividends have continued to rise on the wider, more substantial earnings.

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